All that "debt" incurred was income someone else earned, and which be invested, and used to pay back the government (in higher taxes) down the track. Spending money doesn't just make it "disappear" somewhere - every dollar spent is someone else's dollar earned.
Debt itself isn't a problem - just ensuring that over the course of an economic cycle, the government doesn't spend beyond its means is important. Anyway, this is veering way off topic, but since you've brought this up on more than one occasion, I thought a correction was in order. Let's take future discussion offlist. Cheers Ken From: [email protected] [mailto:[email protected]] On Behalf Of .net noobie Sent: Saturday, 10 July 2010 11:24 AM To: ozDotNet Subject: Re: [OT] Friday - Conway (or.. Labor govt) once againdelaysInternet Filter "Liberals actually have 2 whole policies now I believe." Well that would be 2 more than Labor, lets face it, they just have a long line of disasters/failures/wasted many many billions and debt your great great grand children will still be paying off ;) But if I think you follow politics a bit more closely they have a few more positions/policies than 2 On Sat, Jul 10, 2010 at 12:21 PM, Ian Thomas <[email protected]<mailto:[email protected]>> wrote: 'Tweedledum and Tweedledee 1,2,3,3' - The Albert Langer Story http://www.aph.gov.au/library/pubs/CIB/1995-96/96cib14.htm ________________________________ Ian Thomas Victoria Park, Western Australia ________________________________ From: [email protected]<mailto:[email protected]> [mailto:[email protected]<mailto:[email protected]>] On Behalf Of Ian Thomas Sent: Friday, 9 July 2010 5:08 PM To: 'ozDotNet' Subject: RE: [OT] Friday - Conway (or.. Labor govt) once againdelaysInternet Filter Greg I'm not sure if you remember Albert Langer (decades ago, in Victoria), but he was gaoled for a short time for infringing the electoral act by forming a political party called Tweedle Dum & Tweedle Dee which encouraged people not to vote. ________________________________ Ian Thomas Victoria Park, Western Australia
